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Property profile & analytics
OFF-MARKET
Estimated value
$700,000
Gas stations
8861 Richmond Hwy Alexandria, VA 22309-1508
Entity Owned
16-yr Hold
Absentee Owner
Free & Clear
Property ID
US87-1127425
Property profile
Verified
Property type
Gas stations
Use group
GAS STATION
Year built
1995
Construction
STEEL FRAME
Total area
1,650 SF
Lot
0.47 ac (20,606 SF)
Zoning code
COMM (W/ RES/APT ZONING)
APN
109-2-02-0013
UPID
US87-1127425
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
-
Exxon Gas Station
-
ATM (Tiger Mart) Atm
-
Western Union Bank Credit Union
-
Tiger Mart Grocery & Convenience Store
Value estimations
Realmo proprietary · 4 methods
AI Approach
AI
$780k
CAP Approach
CAP
by Request
Comparable Approach
Comparable
$614k
Blend (final)
Blend
$700k
Owner & transaction history
Petroleum Realty L Springfield · 16 yrs held
Petroleum Realty L Springfield
since 2010
7 recorded transactions
Zoning & alternative use
COMM (W/ RES/APT ZONING) · Alexandria, VA
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Cap rate
Implied · in-place · derived from last sale + estimated NOI
Implied Cap rate
#1
Implied · in-place · NOI ÷ last sale
In-place · derived from last sale + estimated NOI
Cap rate, NOI & submarket benchmark
Implied cap rate vs Alexandria submarket · NOI estimate · Typical band, median & reading
Implied cap rate, NOI & submarket benchmark
Cap vs Alexandria submarket · NOI estimate · typical band, median & reading
Refine your cap rate
8-question underwriting flow
1.
Property current status — Going-In vs Stabilized
2.
Price for denominator — asking / offer / market
3.
Leasing status & lease structure (NNN / Gross)
4.
Tenant risk profile & vacancy assumption
5.
Upload T12 / rent roll / OM (optional)
Refine in 60 seconds, get exact suggested price
T12 upload · Submarket benchmarks · Sensitivity grid
Suggested price · 3 cap rate anchors
Income approach @ 5% / 7% / 9% — aggressive / typical / conservative
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · Implied $/SF per anchor · Sensitivity grid
Suggested price at 5% / 7% / 9% cap
Aggressive / typical / conservative · implied $/SF · sensitivity
Value
AI, CAP & Alternative Use estimations · Realmo proprietary blendValue Estimations
Based on Realmo’s proprietary methodology
AI Approach
Method
Estimation
Statistic approach
by Request
ML approach
$780,000
CAP Approach
CAP Return
Estimation
6%
by Request
6.5%
by Request
7%
by Request
Blend value · Realmo final
$700k
Range $630k – $770k · ±10%
Realmo estimate · informational only.
These numbers are calculated by our models from public records and may not reflect actual market value.
Not an appraisal.
Verify with a licensed appraiser before transacting. Realmo accepts no liability for divergence from real-world outcomes.
View the full estimation — every method, every assumption
Confidence drivers & risk notes · Custom comparable set · Free for first 3 / day
Full estimation methodology
Every method · every assumption · confidence drivers
Price per SF
Sale + rent benchmarks
Subject property
$424 / SF
Submarket sale & rent benchmarks
Median sale $/SF · Asking & closed rent · Submarket vacancy
Submarket sale & rent benchmarks
Median sale $/SF · asking & closed rent · submarket vacancy
Property tax & assessments
Tax year 2024Property tax & assessments
Tax year 2024
Tax billed
$25,069
Tax year 2024
Assessed value
$1,953,200
Assessed 2024
Previous assessed
$1,668,230
+17.1% YoY
Effective rate
1.28%
On assessed value
Assessed land
$927,270
Assessed improvement
$1,025,930
Land market value
$927,270
Improvement market value
$1,025,930
Total market value
$1,953,200
Applied tax rate
6.0000
Comparables
6 recent transactions · within 1.5 miComparable in this city
6 recent transactions
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
Recent comparable sales
Sale price & $/SF · sale date & distance · adjustments
Property description
Physical attributes from public recordsBuilding & lot
Public records
Property type
Gas stations
Use group
GAS STATION
Status
Off-Market
Year built
1995
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
YES
Stories
1
Total area
1,650 SF
Lot
0.47 ac (20,606 SF)
Zoning code
COMM (W/ RES/APT ZONING)
APN
109-2-02-0013
UPID
US87-1127425
Jurisdiction
FAIRFAX
Metro division
WASHINGTON-ARLINGTON-ALEXANDRIA, DC-VA-MD-WV METROPOLITAN DIVISION
Zoning & alternative use
COMM (W/ RES/APT ZONING) · Alexandria, VA
Zoning COMM (W/ RES/APT ZONING) · permitted uses
COMM (W/ RES/APT ZONING) · Alexandria, VA
Permitted & conditional uses
Allowed uses · Special-permit conditions · Prohibited uses
Permitted & conditional uses
Allowed · special-permit conditions · prohibited
Alexandria. Always verify with local authorities before improvements.
Building & site characteristics
From public records
Year built
1995
Construction
STEEL FRAME
Heating
HEAT PUMP
Cooling
Yes
Stories
1
Lot
0.47 ac
Current owner
From public records · entity-resolved
Petroleum Realty L Springfield
Entity
Free & Clear · 16 yrs held
Mailing address
6820 COMMERCIAL DRB, SPRINGFIELD, VA 22151
Mailing matches property
Different — outreach signal
Owner-occupied
No
Ownership since
2010
Owner contacts — direct phone, email, and related entities
Decision-maker phone · Verified email · Related entities & filings
Owner contacts
Email · phone · related entities
Sales History
9 recorded events · public records
Date
Price
Buyer
Seller
Deed Type
Mortgage
Aug 29, 2023
—
Burke Petroleum Realty LLC
—
Deed
related
$290,000,000 · Wells Fargo Bank NA
Jan 24, 2020
—
Fairfax Petroleum Realty LLC
—
Deed
related
$250,000,000 · Manufacturers & Traders Tr
Jan 5, 2017
—
Springfield Petroleum Realty L
—
Deed
related
$41,896,406 · Manufacturers & Traders Tr
Dec 5, 2012
—
Petroleum Realty L Springfield
—
Deed Of Trust
related
$155,100,000 · Manufacturers Traders & Trust
Nov 16, 2010
—
Petroleum Realty L Springfield
—
Deed Of Trust
related
$44,450,000 · Manufacturers Traders & Trust
Feb 3, 2010
$1,595,951
Petroleum Realty L Springfield
Exxon Mobil Corp
Grant Deed
—
—
—
Springfield Petroleum Realty L
—
Loan Modification
related
$106,430,098 · Manufacturers & Traders Tr
—
—
Fairfax Petroleum Realty LLC
—
Loan Modification
related
$250,000,000 · Manufacturers & Traders Tr
—
—
Springfield Petroleum Realty L
—
Loan Modification
related
$41,896,406 · Manufacturers & Traders Tr
Coming soon
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Coming soon
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.
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